Category Archives: Real estate panama

Real estate Panama

real2The beautiful as well as Latin American country, Panama has now done great growing up for last some of the years. Known mainly in past for their engineering that is also marvel with Panama Canal, lately real estate panama has also been earning the accolades as the perfect kind of the destination for; for retirement, tourism, real estate investment and offshore banking. More than 40,000 of the new cars are also added to roadways in the Panama City for last year all alone.

On the other hand, Money collected through the tourism industry also now generates about income for the Panama than popular Canal. On the other hand, Panama has their currency known as Balboa that also is pegged completely to US Dollar. However, US dollar notes are also used as paper currency in the Panama with help of the Balboa just as the existing as various coins that are perfectly minted. On the other hand even the Couple this through the crime rates in the Latin America is quite lower as well as you have the most desirable kind of the environment for the key investment, particularly from the perspective of North American.

 

Real estate panama

Real estate panamaPanama is the beautiful country of Latin American that has done great for growing in last some years. It is primarily known in past for their engineering marvel, Panama Canal, lately Panama has also been earning tributes as the destination for travel, tourism, retirement, offshore banking as well as real estate investment. The Panama government has also made it quite attractive to the foreign investors through creating several laws as well as incentives to inspire people to provide money to Panama. On the other hand, highlights of incentives that are available consist of; no kind of income tax at the foreign income and also there will be no property taxes that also for 20 years for new properties that are purchased. Retirees that make Panama as the home are even provided with the suite of incentives starting from 50% discount on the hotel cost on the 25% discount on the airfare as well. Real estate panama also offers a great opportunity for investors for the local as well as for the foreign investors.

Panama City now is turning to be world class of the metropolis with several high buildings dotting skyline and others under the construction. However, there are several exclusive areas to select to live that includes; Marbella, Punta Paitilla, Balboa, Coco del Mar & Punta Pacifica that offers extensive array of the apartments for sale.